Thanks to @rektcapital
Volume shows 200 MA a lot of selling. The Big culprits were the leverage Defi bullshit.. and now it's MINERS who need to sell because of costs.
I always wonder what BTC will do if mining is too costly..
In any case I still think we are going to 10k ..
But this chart is a little Bear Bounce hopium.
Everything is tide together including Energy costs and the world may be facing a nice energy crisis. Apparently Ireland is preparing for some pretty draconian 'covid' sorry 'energy' emergency measures for the fall.
Quick post because I make a few hives..
Comments appreciated!